Rafael Henrique/SOPA Images/LightRocket via Getty Images Share on Facebook Share on X Share to Flipboard Send an Email Show additional share options Share on LinkedIn Share on Pinterest Share on Reddit Share on Tumblr Share on Whats App Print the Article Post a Comment Fubo shareholders have approved a deal with Disney to merge its business with the video service Hulu With Live TV to shake up the streaming TV business. The approval secured at a special meeting of shareholders held by Fubo on Tuesday still requires regulatory approvals and other customary closing conditions for a deal that aims to create a much bigger player in the virtual multichannel video provider to challenge market leader YouTube TV. The specific vote by Fubo shareholders on the business combination first announced in Jan. 2025 will become available with a filing with the Securities and Exchange Commission yet to be made public. Related Stories Business Fubo Shares Jump on Preliminary Quarterly Results Ahead of Hulu + Live TV Merger Business FuboTV Sheds Subscribers In First Quarter Once the transaction is completed, a new company will continue to trade publicly under the Fubo name, while Disney will control 70 percent of the combined business and appoint a majority of the board. Fubo management, including co-founder and CEO David Gandler, will run the newly combined Fubo and Hulu + Live TV businesses. Fubo and Hulu + Live TV will continue to be available to consumers under distinct brands post-closing, with Hulu continuing to be available in the larger Disney bundle. "We would like to thank Fubo shareholders for voting to approve our business combination with Disney's Hulu + Live TV business," Gandler said in a statement on Tuesday. "The transaction remains subject to regulatory approvals and other customary closing conditions, but today we are one step closer to fulfilling our vision of a streaming marketplace that provides consumers with greater choice and flexibility." THR Newsletters Sign up for THR news straight to your inbox every day Subscribe Sign Up The Hollywood Reporter The Hollywood Reporter Launches Inaugural Podcast Roundtable in Partnership With Spotify Universal Universal, Columbia Pictures Invest in Saudi Arabia Film Production Hollywood History Threats, Anxiety and Power Struggles: How Hollywood Tangles With the FCC international Disney+ Spain Executive on "Respecting Windows" and Star's Hulu Rebrand international Gaumont U.S. Boss on 'Lupin,' Paul McCartney Animation Film, AI, and the Future of 'Narcos' THR, Esq YouTube to Pay $24.5 Million to Settle Trump Lawsuit The Hollywood Reporter The Hollywood Reporter Launches Inaugural Podcast Roundtable in Partnership With Spotify Universal Universal, Columbia Pictures Invest in Saudi Arabia Film Production Hollywood History Threats, Anxiety and Power Struggles: How Hollywood Tangles With the FCC international Disney+ Spain Executive on "Respecting Windows" and Star's Hulu Rebrand international Gaumont U.S. Boss on 'Lupin,' Paul McCartney Animation Film, AI, and the Future of 'Narcos' THR, Esq YouTube to Pay $24.5 Million to Settle Trump Lawsuit